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Solstad Offshore ASA Announces Extraordinary General Meeting and Dividend Distribution

Story Highlights
  • Solstad Offshore ASA focuses on offshore service vessels for the oil and gas sector.
  • An Extraordinary General Meeting will discuss a NOK 0.50 per share dividend distribution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Solstad Offshore ASA Announces Extraordinary General Meeting and Dividend Distribution

The latest update is out from Solstad Offshore ASA ( (SLOFF) ).

Solstad Offshore ASA has announced an Extraordinary General Meeting for Solstad Maritime Holding AS to discuss the distribution of a cash dividend of NOK 0.50 per share. This decision, set to be resolved on March 11, 2025, reflects the company’s financial strategy and impacts shareholders by providing a return on investment. The dividend distribution is based on the company’s audited interim balance statement and will be paid from the share premium reserve, highlighting Solstad’s commitment to shareholder value.

More about Solstad Offshore ASA

Solstad Offshore ASA operates in the maritime industry, primarily focusing on providing offshore service vessels to the oil and gas sector. The company is involved in the management and operation of a fleet that supports offshore exploration and production activities.

YTD Price Performance: 10.07%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $279.7M

Learn more about SLOFF stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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